As a non American I would argue that, short term, it’s smart to have a small amount of Microstrategy stock.
Why? Because it’s both a hedge towards your native currency (dollar milkshake theory etc) as well as a direct exposure to Bitcoin (that currently is bought at a rebate).
Lastly, their allocation most likely increases over over time which gives you a higher BTC/stock.
With that being said, the third party risks are exponentially higher. Even tough Silvergate seems to be a nothingburger for MSTR, it still serves as a good reminder of why we want self custody.
Agree/disagree?
Backlaidluke /
npub1rp…2uneq
2023-03-04 12:22:41
Author Public Key
npub1rpr0h6y395df04cyzcn8uduf3yek9fg404dw0aq23pqt70m0ygeqh2uneqPublished at
2023-03-04 12:22:41Event JSON
{
"id": "e6d5490ed744e43534aa600d5d55486eb87f3dfb933ac8be06b4c843100d7bfe",
"pubkey": "1846fbe8912d1a97d70416267e3789893362a5157d5ae7f40a8840bf3f6f2232",
"created_at": 1677932561,
"kind": 1,
"tags": [],
"content": "As a non American I would argue that, short term, it’s smart to have a small amount of Microstrategy stock. \n\nWhy? Because it’s both a hedge towards your native currency (dollar milkshake theory etc) as well as a direct exposure to Bitcoin (that currently is bought at a rebate). \n\nLastly, their allocation most likely increases over over time which gives you a higher BTC/stock. \n\nWith that being said, the third party risks are exponentially higher. Even tough Silvergate seems to be a nothingburger for MSTR, it still serves as a good reminder of why we want self custody.\n\nAgree/disagree?",
"sig": "229ff29c034b9230ab2389ab7658678dc28404e8895c3960eac89432149e1f61a702a68bf6e9b19250b47b00e60dd5e06ff1ade0152cac758e480de632dda120"
}